In early March, President Donald Trump signed a historic decree, opening the door to a Bitcoin strategic reserve. In this pro-Crypto context, the dry has also changed positions against cryptocurrencies. From now on, it is the turn of the trade department to put itself at the hour of the crypto.
- Donald Trump has signed a historic decree allowing the creation of a Bitcoin strategic reserve.
- The US Commerce Department, under the direction of secretary Lutnick, initiated an investment accelerator for Bitcoin’s mining.
Bitcoin at the heart of the strategy of the United States Trade Department
On April 23, our colleagues from Bitcoin Magazine have interviewed THE Secretary of State Lutnickin charge of the trade department of the United States.
One of the central subjects was the launch of a Investment accelerator at the end of March. In practice, it aims to support companies that wish to settle in the United States.
For his part, the secretary Lunick sees an area in which this accelerator can have a major impact: the Bitcoin mining.
Indeed, during his presidential campaign, Donald Trump had revealed his Willingness to make USA a world hub for bitcoin mining.
A strategy that Lunick wants to pursue with the accelerator. He wants Promote the establishment of foreign companies operating in BTC mining on American soil.
« We are going to make sure that if you want to undermine Bitcoin and find the right place to do it, you can build your own power plant next door. »»
For example, it proposes to install minors above gas fields, in order to take advantage of the electricity produced, without necessarily having to be connected to the network.
Bitcoin and regulation
Although he sees the future in Bitcoin, Lutnick still has a clear opinion on the nature of the asset. Indeed, according to him, Bitcoin is not a currency, but a commodity (Commodity).
“Bitcoin is a commodity, and it must be treated as a commodity. It must be treated like oil. It must be treated like gold. It is not a currency. »»
On the regulation side, Lutnick is part of the Trump government’s approach and advocates a dediabolization of cryptos.
“Under the Biden administration, it was treated as if you were doing something wrong. Now you have this in the rear view mirror, and it will never happen again. »»
An opinion shared by the new boss of the dry. Thus, the freshly named Paul Atkins, said he wanted set up a rational regulatory framework for cryptocurrencies.